Analysis: Commodities

Acerinox S A : EU escalates WTO case against Indonesia over export curbs

The European Union escalated its challenge at the World Trade Organization on Thursday over Indonesia's export ban on nickel ore by requesting the Geneva-based trade body form a panel to adjudicate on...

India's December palm oil imports jump 4% on duty cut, trade body says

India's palm oil imports rose 4% in December from a year earlier, as reduction in the import tax prompted refiners to increase purchases of the edible oil, while soyoil imports doubled, a leading...

Barry Callebaut : Ivory Coast faces 100,000-tonne cocoa bean pile-up as demand slows

A pandemic-induced slowdown in global chocolate demand has led to a pile-up of about 100,000 tonnes of cocoa beans in Ivory Coast's interior, five exporters told Reuters, as farmers struggle to get by...

Gold firms as investors bet on more stimulus-led inflation

Gold eked out gains on Wednesday, underpinned by data showing a rise in consumer prices in the United States and expectations that more fiscal stimulus from a Joe Biden administration could trigger...

Malaysia keeps February export duty at 8% for crude palm oil

Malaysia kept its export duty for crude palm oil at 8% for February, a circular on the Malaysian Palm Oil Board website showed on Tuesday....

Brent at 11-month high, yields end flat

Oil prices hit their highest in nearly a year on Tuesday on lower supply bets and Treasury yields tightened from 10-month highs after strong demand at an auction....

Gold slips as U.S. yields gain upper hand again

Gold eased on Tuesday in choppy trading that earlier saw it climb as much as 1% as a surge in U.S. Treasury yields outweighed support from bets on higher inflation as Washington rolls out more...

Goldman expects Brent oil prices to reach $65 per barrel in summer 2021

Brent oil prices could rise to $65 per barrel by summer 2021, Goldman Sachs said on Monday, driven by output cuts in Saudi Arabia and the implications of a shift in power to the Democrats in the...

Gold edges up from 6-week low as equities cool off

Gold on Monday bounced off a six-week trough as a rally in equities stalled, though gains were capped by a stronger dollar and higher U.S. Treasury yields....

Ivory Coast 2020/21 cocoa port arrivals seen at 1.165 million T by Jan. 10 - exporters

Cocoa arrivals at ports in top grower Ivory Coast reached 1.165 million tonnes between Oct. 1 and Jan. 10, exporters estimated on Monday, down 6.9% from the same period last season....

Zimbabwe gold deliveries tumble nearly a third to 19 tonnes in 2020

Gold sales to Zimbabwe's sole buyer and exporter of bullion Fidelity Printers and Refiners fell 31% to 19 tonnes last year after lower deliveries from small-scale miners, official data showed on...

Malaysia's Dec palm oil stocks hit 13-year low, imports at all-time peak

Malaysian palm oil inventories in December fell to their lowest in more than 13 years and imports touched a record high as production slumped while exports surged, data from the industry regulator...

Egypt's Delta Sugar targets 330,000 tonnes of output this season - ministry

Egypt's state-owned Delta Sugar aims to produce 330,000 tonnes of sugar from 2.3 million tonnes of beet this season, the supply ministry said in a statement on Saturday....

Gold hastens retreat, slumps 3% as U.S. Treasury yields soar

Gold accelerated its slide below the $1,900 mark on Friday, slumping around 3% and dragging down other precious metals as a jump in U.S. Treasury yields hammered bullion's safe-haven appeal. ...

Toyota Motor : Wall Street wary of 'frothy' stocks, bubbly bitcoin

Wall Street bankers warned of toppy stock markets and a looming near-term retreat after exuberance from unprecedented economic stimulus has led to frothy asset prices....

Zimbabwe's Kuvimba seeks $1 billion for platinum, gold projects

Zimbabwe's unlisted Kuvimba Mining House is seeking to raise $1 billion for its gold and platinum projects, including a gold mine that could produce 150,000 ounces a year, as well as exploration, its...

Indian sugar mills clinch export deals as prices jump -industry

MUMBAI -Indian sugar mills are aggressively signing export contracts after New Delhi approved a subsidy for overseas sales and as global prices hit their highest level in 3-1/2 years, four industry...

Saudi's surprise output cut to lift Brent to $60/bbl by mid-year - UBS

UBS raised its forecast for Brent oil prices to $60 per barrel by mid-year, following Saudi Arabia's surprise unilateral production cut and expectations of a sharp recovery in demand in the second...

Gold firms as Democrat-led U.S. Senate boosts stimulus hopes

Gold prices rose on Thursday as a Democrat sweep of Georgia's Senate runoffs boosted expectations of additional U.S. stimulus, although soaring Treasury yields held back bullion below a two-month high...